NACE 2011 Survey Results: Intern Hiring Up 7 Percent and 2011 Hourly Rates

According to results of a recent survey conducted by the National Association of Colleges and Employers (NACE), Employers expect to hire 7 percent more interns for 2010-11 than they hired in 2009-10.  Ninety-three percent of employers responding to the NACE 2011 Internship & Co-op Survey reported plans to hire college students for internship positions.  Most organizations plan to pay their interns.  Here are some of the survey findings: Bachelor’s degree students taking part in internships will earn an average of $16.68 an hour At the master’s degree level, the average hourly rate is $24.21 Both overall averages are down marginally from last year’s averages—$17 and $24.29, respectively Intern salaries fluctuate greatly depending on major, year of study, industry, and other factors

About the NACE 2011 Internship & Co-op Survey: http://www.naceweb.org/Press/Releases/Intern_Hiring_Up_7_Percent;_Salaries_Stable.aspx?referal=pressroom&menuid=104

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